
San Francisco, CA 94117
This High-Potential Investment Opportunity is a turnkey multifamily asset listed at $3,800,000—positioned well below the $3,971,704 Fair Market Value by 4%. This valuation gap offers $171,704 in Instant Equity. Featuring an Extensively Renovated Condition Rating, the property includes a Victorian front building, a private rear cottage, and a new ADU. With a 6%+ CAP rate and 12.45 GRM, this fully leased property is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking stable, high-performing cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1552-1556 Fulton Street Subject 15 bd · 9 ba · 5,618 sqft · $707 | $3,800,000* List Price | 15 | 9 | 5,618 | $707 | - |
A 817-821 Oak Street Active 13 bd · 10 ba · 6,039 sqft · $778 · 0.6 mi | $4,700,000 List Price | 13 | 10 | 6,039 | $778 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively rebuilt with a new foundation, roof, and high-end systems including radiant heating and tankless water heaters. The kitchen features modern luxury finishes, stainless steel appliances, and contemporary cabinetry, indicating a comprehensive renovation within the last 5 years.
Elementary School: Chinese Immersion School At Deavila (9/10). Middle School: Lilienthal (Claire) Elementary School (9/10). High School: Lowell High School (10/10).
The property has been meticulously rebuilt with a new foundation, roof, electrical, and plumbing, offering a rare turnkey opportunity with luxury finishes and low maintenance costs.
Boasting a 6%+ CAP rate and a 12.45 GRM in a prime San Francisco location, this fully leased property delivers exceptional cash flow and investment value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 5618, other record living area = 4200.
With 15 bedrooms but only 6 bathrooms, the high-density living arrangement may lead to increased wear on shared facilities and could limit the appeal to certain tenant profiles.
While some nearby schools are highly rated, several assigned public schools have low ratings (1-2), which may deter long-term family tenants and impact future resale to owner-occupiers.
This well-located and high-performing four-unit offers tremendous income, low expenses, and the ability to owner-occupy a vacant remodeled cottage with available garage parking. The Victorian front building and separate rear cottage have been extensively rebuilt, including foundation and roof replacements, new water supply lines, electrical wiring, radiant heating, laundries, and luxury baths and kitchens. Expansive floorplates in the front building have been thoughtfully reconfigured for modern living. A new ADU integrates seamlessly with the original architecture, and the standalone rear cottage offers house-like privacy and calm. This low-maintenance, low-expense property delivers a 6%+ CAP rate, at 12.45 GRM and $676/sqft. UPDATE: Cottage and garage parking delivered vacant at close.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 15.0 | 4.6 |
| Baths | 9.0 | 4.0 |
| Square foot | 5,618 | 3,221.149 |
| Lot Size | 3,437 | 2,766.255 |
| Price | $3.80M | $2.13M |
| Price per sq ft | $676 | $697 |
| Built year | 1900 | 1925 |
| HOA | $0 | $0 |
| Days on market | 15 | 53 |
Oct 9, 2026
$3,800,000
Initial Listing
Jul 6, 2021
$2,550,000
Public Record